Head of Programs

Responsibilities

• Devise and execute a cohesive long-term strategy for the US Programs business within the Canopius USA and Global Product frameworks.
• Create the US Programs Business plan for CUO and Product Leadership approval annually.
• Implement and proactively manage the underwriting activities and operational metrics/KPIs to ensure financial targets are met and performance against the business plan is achieved.
• Develop the appropriate underwriting parameters and guidelines for our MGA partners and ensure strict adherence via regular partner meetings, oversight by audit and referral, and by swiftly and proactively working to remediate issues as they arise.
• Create sound underwriting decisions in context of our evolving market, legal landscape, and broader macroeconomic environment.
• Meet routinely with MGA and distribution partners to gather market intelligence and insights into developing market trends and product developments, which can be fed back to your team as well as US Underwriting leadership colleagues.
• Maintain a strict culture of compliance by effectively delegating and managing underwriting authority, appropriate file documentation, and ensuring the division complies with necessary internal frameworks and guidelines, e.g., outwards RI purchasing, risk appetite, etc.
• Manage the full life-cycle of the launch of a Program, from the first meeting to the signed contract, by working closely and collaboratively with colleagues across Underwriting, Operations, Legal, Claims, Compliance and Actuarial.
• Utilize Power BI to monitor Program performance, and where necessary make suggestions to Operations for what can be improvised.
• Participate on US Underwriting Leadership calls.
• Manage marketing, travel, and entertainment budget of programs team.
• Solicit and qualify new program opportunities against long-term strategy and Canopius capabilities.
• Speak at conferences and thought leadership.

Qualifications

• 10+ years production underwriting experience with a proven track record in the delegated authority program segment.
• Strong leadership skills, with the ability to train, mentor, and oversee underwriting team.
• Understanding of US legal environment and insurance regulatory requirements.
• Sound knowledge of the US insurance market, trends, and emerging issues.
• The ability to independently prioritize tasks and meet tight deadlines.
• Familiarity with financial statements and management reporting systems.
• Strong analytical skills, enabling insight through data and regular reporting of operations, book performance, and leading indicators.
• Strong communication skills, oral and written.
• Willingness to travel as necessary.

Skills

• Strong analytical skills, enabling insight through data and regular reporting of operations, book performance, and leading indicators.
• Strong communication skills, oral and written.
• Ability to independently prioritize tasks and meet tight deadlines.
• Sound knowledge of the US insurance market, trends, and emerging issues.
• Understanding of US legal environment and insurance regulatory requirements.
• Proven track record in the delegated authority program segment.

Benefits

Our Benefits ABOUT US We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.